v3.25.1

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Operating Activities:
Net loss	$ (12,827)	$ (6,494)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization [note 3]	62	57
Stock-based compensation [note 7[c], note 7[e] and note 7[f]]	2,232	1,288
Accrued interest on 2023 SVB convertible term loan [note 6]		318
Amortization of 2024 SVB convertible term loan transaction costs [note 6]	14
Accretion of discount on modification of debt		161
Change in fair value of contingent consideration [note 4 and note 5]	91	52
Changes in operating assets and liabilities:
Prepaid expenses and other assets	85	92
Accounts payable	(293)	(245)
Accrued liabilities other	732	686
Accrued clinical liabilities	879	245
Accrued compensation	(2,064)	(1,447)
Lease obligation [note 8]	1	(1)
Net cash used in operating activities	(11,088)	(5,288)
Financing Activities:
Net cash provided by financing activities		56,110
Investing Activities:
Purchase of marketable securities	(3,363)
Maturities of marketable securities	14,716
Net cash used in investing activities	11,353
Effect of exchange rate changes on cash	(2)
Net increase/(decrease) in cash, cash equivalents and restricted cash	263	50,822
Cash, cash equivalents and restricted cash at beginning of the period	12,773	15,596
Cash, cash equivalents and restricted cash at end of the period	$ 13,036	66,418
February 2024 Registered Direct Offering [Member]
Financing Activities:
Proceeds from registered direct offering, net of issuance costs		$ 56,110

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